by Summary:
This talk at the European Central Bank covers the failure of economic theorists of all persuasions, not only Neoclassical, to properly incorporate energy into their models of production, and the failure of Neoclassical economists to properly incorporate money and credit. In both cases, I show that there is an easy way to overcome this deficiency: ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
This talk at the European Central Bank covers the failure of economic theorists of all persuasions, not only Neoclassical, to properly incorporate energy into their models of production, and the failure of Neoclassical economists to properly incorporate money and credit. In both cases, I show that there is an easy way to overcome this deficiency: ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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